Porsche Asks German Government for 1.75 Billion Euro Loan
Jun 5, 2009
By Henny Hemmes Senior European Editor Amstrerdam Bureau The Auto Channel THE HAGUE, June 4, 2009. Wednesday, sports car manufacturer Porsche confirmed that it has asked the German government for a 1.85b euro (approx. $ 2.5b) loan. The money could come from the state program of some 100 billion euro to help companies t ... Continue reading
Porsche Reports U.S. Car Sales for May 2009
Jun 2, 2009
ATLANTA--Porsche Cars North America, Inc. importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced May sales in the U.S. of 1,979 units compared to the same period last year when it sold 2,796 new cars. While Porscheâs sales this May represent a decrease of 29 percent ... Continue reading
Maximum Efficiency in the Production of the Panamera
Jun 2, 2009
In April 2009 series production of Porsche's fourth model line, the Panamera, started in the Leipzig plant of Dr. Ing. h.c. F. Porsche AG. In the world's most modern automotive factory to date the manufacturer of premium sports vehicles is assembling the four-door Gran Turismo together with the Cayenne sports utility v ... Continue reading
May 31, 2009
Doha Qatar May 30, 2009; Dania Saadi writing for Reuters reported that Qatar is still considering taking a stake in debt-laden Porsche (XETRA:PSHG-P.DE - News), or other German auto companies, after the carmaker scaled down a bid for Volkswagen (XETRA:VOWG.DE - News), the prime minister said on Saturday. "This subject ... Continue reading
Developers of the Lithium-Ion Battery for the Automobile Receive Award
May 28, 2009
The 'Professor Ferdinand Porsche Award' of 50,000 Euro is one of the world's most coveted awards for research in the field of automobile technology and was awarded today by the Technical University of Vienna to Dipl. Eng. Michael Keller from Temic Automotive Electric Motors GmbH, Berlin, and Prof. Herbert Kohler from D ... Continue reading
Lufthansa Technik Speeds Things up with Porsche
May 21, 2009
Lean production processes that have succeeded in the automobile industry are now speeding up the time-consuming overhauling of airlines: Porsche Consulting GmbH, Bietigheim-Bissingen, a subsidiary of the Stuttgart-based sports car manufacturer Dr. Ing. h.c. F. Porsche AG succeeded in optimizing the workflows of Lufthan ... Continue reading
Kelley Blue Book's Kbb.Com Names Their Top 10 Road Trip Cars of 2009
May 21, 2009
Kbb.com Editors Offer Their Top New Car Choices for Road Trips in a Variety of Categories IRVINE, Calif., May 21 -- The Top 10 Road Trip Cars of 2009, www.kbb.com/roadtripcars2009, were named today by the expert editors from Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information. Memori ... Continue reading
IntelliChoice Awards Porsche's Certified Pre-Owned Vehicle Program as Having Best Luxury Warranty
May 13, 2009
<b>Porsche's Strong CPO Satisfaction is a Big Reason</b> ATLANTA, May 13, 2009: Porsche Cars North America's Certified Pre-Owned program (CPO) has been named by IntelliChoice - a leading source for independent analysis of automotive ownership costs and value - as offering the "Best Luxury Warranty for a Certified Pre-O ... Continue reading
Experience the New Porsche Panamera up Close and Personal
May 13, 2009
In the Leipzig plant of Dr. Ing. h.c. F. Porsche AG, Stuttgart, the production of the new Panamera has started. On April 19, it was presented to the global public in Shanghai for the first time. ... Continue reading
Euro Luxury Brands Expect Low Sales of Their Hybrids in U.S.
May 11, 2009
Washington DC May 11, 2009; The AIADA newsletter reported that European luxury-car makers are expected to launch several hybrid models in North America this year, but say they expect them to sell in low volumes. Automotive News reports that Mercedes will launch two hybrids this year, but company executives don't expect ... Continue reading
Peugeot Commission Bond to Record Brand New Arrangement of Vivaldi's Four Seasons
May 8, 2009
Bond, the original all-female, multi-million selling electronic string quartet, have applied their unique sound to one of classical music's most popular and iconic works - Vivaldi's Four Seasons. The modern interpretation of the Baroque masterpiece has been recorded by Bond exclusively for Peugeot to mark the launch of ... Continue reading
Porsche Outlines Merger With Volkswagen
May 6, 2009
FRANKFURT, May 6, 2009; Hendrik Sackmann writing for Reuters reported that luxury carmaker Porsche Automobil Holding SE (PSHG_p.DE) slammed the brakes on attempts to take over Volkswagen AG (VOWG.DE) and instead agreed to explore a merger with Europe's biggest car maker. The deal would represent a climbdown because Por ... Continue reading
Porsche Reports U.S. Sales for April 2009
May 1, 2009
ATLANTA--Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced April sales in the U.S. of 1,853 units compared to the same period last year when it sold 2,863. While the dramatic downturn in the car market continues to impact the ... Continue reading
Porsche Cayenne: Range Extended by New Diesel Engine and Hybrid Drive
Apr 30, 2009
The Porsche Cayenne is one of the success stories of the automotive world. To date, over a quarter of a million examples have been sold since its launch six years ago. In the last financial year 2007/08, 45,478 examples of the Cayenne were sold around the world - more than ever before in a 12 month period. ... Continue reading
Apr 29, 2009
A forthcoming addition to the world of high performance cars, the all-new Porsche Panamera will be equipped with specially designed Michelin Pilot Sport and Pilot Alpin tyres. Michelin has used its extensive technological skills to provide Porsche's four-door GT with optimum grip on wet or dry roads and in hot or cold ... Continue reading
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